Tyler Tech (TYL) Earnings Preview - Piper Jaffray

Piper Jaffray analyst Alex Zukin reiterated an Overweight rating and $230.00 price target on Tyler Tech (NYSE: TYL) after attending Tyler Connect 2019 and ahead of 1Q19 report. The focus
of the investor day was on M&A and the company appears to be focused on delivering total growth (organic or otherwise) and confident that it can continue to grow double digits while giving investors operating leverage over time.

The analyst stated "With regard to the quarter, we anticipate a rebound in Public Safety business, potentially modestly offset by a greater percentage of SaaS deals in the core ERP business. We also adjust our Op. Cash and FCF estimates to better account for quarterly seasonality, while full year estimates remain unchanged".

For an analyst ratings summary and ratings history on Tyler Tech click here. For more ratings news on Tyler Tech click here.

Shares of Tyler Tech closed at $211.49 yesterday.

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